- Southwest Airlines (LUV, Financial) experiences a slight decline, despite recent gains.
- Analysts remain cautious due to concerns about air travel and competition.
- Current analyst sentiment suggests a "Hold" rating with a potential downside.
Southwest Airlines (LUV) saw a 1.91% dip to $33.43 after enjoying gains over six consecutive sessions. Year-to-date, Southwest Airlines stock has increased a modest 2%, trailing behind the robust 6.76% rise of the S&P 500. The cautious outlook from analysts highlights concerns over air travel demand and persistent competitive pressures that may affect future performance.
Wall Street Analysts Forecast
The one-year price targets provided by 18 analysts position Southwest Airlines Co (LUV, Financial) with an average target price of $29.96. The forecasts range significantly, with a high estimate of $42.00 and a low of $19.00. This average target reflects a potential downside of 10.50% from the current price of $33.48. For more comprehensive estimate data, please visit the Southwest Airlines Co (LUV) Forecast page.
Overall, 23 brokerage firms provide a consensus recommendation of 3.0, signaling a "Hold" status for Southwest Airlines Co (LUV, Financial). The rating scale utilized ranges from 1 (Strong Buy) to 5 (Sell), indicating a need for cautious consideration by investors.
According to estimates from GuruFocus, the projected GF Value for Southwest Airlines Co (LUV, Financial) in one year stands at $37.60. This suggests a potential upside of 12.32% from the current price of $33.475. The GF Value is derived from historical trading multiples and takes into account past business growth alongside future performance projections. For detailed data and insights, visit the Southwest Airlines Co (LUV) Summary page.
